Croats Have More than €20 Billion in Bank Accounts

Croatians have 4.1 billion kuna (540 million EUR), or 2,6% more in their bank accounts than they had this time last year…

According to data from the Croatian National Bank, at the end of October Croats had 163.8 billion kuna (21 billion EUR) in savings and term deposits with the banks.

Overall in October this year deposits (savings, term deposits and foreign currency deposits) fell from September. Total deposits at the end of October stood at 238.2 billion kuna (31 billion EUR), which is 278 million kuna or 0.1% less than at the end of September.

Total deposits have risen on a yearly level by 9.8 billion kuna (1.3 billion EUR) or 4.3%, with the strongest contribution being that of demand deposits (+3.7 billon kuna (500 million EUR) or 10.5%, whilst total savings and term deposits grew by 1.6 billion kuna (200 million EUR) or 3.9%.